Elementary receives investment from Rockwell Automation
Elementary secures strategic investment from industrial automation and digital transformation specialist, Rockwell Automation. The AI-powered machine vision developers will utilise the incoming support to further its “mission to redefine manufacturing automation with its AI-powered vision inspection.”
Rockwell Automation’s investment signifies its support and trust in Elementary’s approach towards enhancing manufacturing quality standards. The Los Angeles-based company works to close the loop on quality by leveraging advanced AI algorithms to ensure high accuracy and consistency during quality assurance processes.
“Our customers rely on Rockwell to bring cutting edge AI solutions to market, ranging from improved quality, generative design, more effective operations, and intuitive maintenance, in order to remain competitive,” said Arvind Rao, Vice President, Industry Solutions, at Rockwell Automation. “We believe Elementary’s vision AI when integrated with our automation, data connectivity and QMS offering, represents a leap forward in delivering an end-to-end closed-loop quality solution and we are excited about the value it will deliver to our customers.”
“To have the support of Rockwell Automation—a global leader in industrial automation and digital transformation—is a testament to the potential and importance of Elementary’s technology in the ongoing transformation happening with AI for manufacturing,” explained Arye Barnehama, CEO and founder of Elementary. “This partnership ushers in an exciting chapter for us, promising innovation, growth, and the pursuit of excellence in AI-powered machine vision and quality solutions and how they deliver value alongside the top industrial and automation controls platform in North America.”
With this investment, Elementary aims to utilise the support by boosting its capacity to develop and deploy more technologies to drive digital transformation. Additionally, the American company believes that the collaboration further cements Elementary’s position “as a disruptive force in the smart manufacturing automation sector.”